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Latest in People & Companies

Hardinge takes action to facilitate sale process and continue industry leadership
News August 1, 2024
Hardinge takes action to facilitate sale process and continue industry leadership
Hardinge Inc., a global leader and provider of advanced machine tool, manufacturing, and workholding solutions, has entered into an agreement in principle on an asset purchase agreement (APA) with an affiliate of Centre Lane Partners to sell substantially all of the company's business lines' operations and assets.
ARCH Cutting Tools acquires O-D Tool & Cutter
News July 31, 2024
ARCH Cutting Tools acquires O-D Tool & Cutter
ARCH Cutting Tools Corp. announces the acquisition of O-D Tool & Cutter, Inc., a manufacturer of solid carbide and high-speed steel round tools located in Mansfield, Massachusetts.
Star Cutter to unveil new tool grinder at IMTS 2024
News July 18, 2024
Star Cutter to unveil new tool grinder at IMTS 2024
Star Cutter Company will unveil its newest generation tool grinder – the FLX – at IMTS 2024. The 5-axis grinder offers high-efficiency carbide tool manufacturing within a compact footprint.
Mapal Group names new chief sales officer
News July 16, 2024
Mapal Group names new chief sales officer
Claudio Gabos has been named the new chief sales officer of the Mapal Group and thus part of the Mapal Executive Team. He takes over the role from Siegfried Wendel. Gabos has been with MAPAL since 2015 and has been Managing Director of the Italian subsidiary of the precision tool manufacturer since 2017. He was […]
Big Daishowa opens state-of-the-art facility
News July 12, 2024
Big Daishowa opens state-of-the-art facility
Big Daishowa Seiki Co., Ltd., based in Osaka, Japan, with U.S. headquarters in Hoffman Estates, Illinois, opened its ninth production plant at its Awaji, Japan, manufacturing facility earlier this year. The 49,500-square-meter (533,000 sq. ft.) plant is designed to meet today's production needs and accommodate future growth.
GF Machining celebrates 70 years of EDM technology
News July 9, 2024
GF Machining celebrates 70 years of EDM technology
Electrical Discharge Machining (EDM) was invented 70 years ago. AGIE and Charmilles were the pioneers of this technology at the time and are still world market leaders today under the umbrella of GF Machining Solutions, constantly pushing the boundaries of what is possible.
EXAIR and BETE announce strategic merger
News July 8, 2024
EXAIR and BETE announce strategic merger
EXAIR, a leader in engineered compressed air solutions and static elimination, and BETE, an engineered spray nozzle and spraying systems manufacturer, have entered into a definitive merger agreement under which EXAIR has acquired BETE.
MSC Industrial acquires two cutting tool firms
News July 2, 2024
MSC Industrial acquires two cutting tool firms
MSC Industrial Supply Co., a distributor of Metalworking and Maintenance, Repair and Operations supplies to industrial customers throughout North America, has acquired ApTex Inc. and Premier Tool Grinding Inc.

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